#pass-throughs

Should I Convert to a C-corporation?

By Marguerite Moore

With the passing of President Trump’s “Tax Cut and Jobs Act,” many businesses are asking whether to change from a pass-thru form of organization to a C-corporation to take advantage of the tax savings provided in the law.  Under the Act the tax rate for a C-corp is reduced from 35% to 21% while the pass-thrus, S-corps, partnerships and LLCs, will still be taxed at the same…

(Wall Street Journal) StoneMor Partners LP, the publicly traded firm that specializes in running cemeteries, expects to see handsome profits in coming years as baby boomers age and die. But unlike its largest rivals, its corporate tax bill from the federal government will be zero.